Rapidly expanding food and logistics business My Foodie Box (ASX: MBX) ("MBX" or "the Company") is pleased to provide updates on the company's progress towards commencing operations on the eastern seaboard in the second half of CY2022 and expansion of its Western Australia operations.
Highlights:
•MBX making significant inroads into its planned commencement of operations on eastern seaboard in second half CY22, including:
o Review of potential locations in the Greater Sydney Metropolitan Area with two properties undergoing due diligence
o Negotiations with landlords on terms of a lease and Local Government approvals
o Interview process commenced for key management positions
o Highly encouraging discussions commenced with key 3rd party suppliers
• WA Operations enjoyed record months in February and March in terms of production and revenue
• On track for next iteration of e-commerce platform to be live in May/June
• Extensive branding campaign to commence in WA in May/June
• Thermomix® Box is in development and on track to be launched in May
For more details, please
